Jump to content

A red day makes a rare appearance


Recommended Posts

  • Replies 8
  • Created
  • Last Reply

The RUT broke out above 840 yesterday only to close .01 below it today.

Are we going to get a throw over?

an 89% correction here, like in the 1930's Depression, would take the RUT down to the mid-90 area

 

but this time around with debt levels much higher and labor force participation much lower, I wouldn't be surprised to see a 50 print on the RUT before this Depression is over

Link to comment
Share on other sites

Under the covers

 

All is not well

 

Are you looking at equity markets or debt markets or both, to issue this flashing yellow alert?. If it is not too uncomfortable a question, which market is giving you more of the heebie-jeebies?. In general which market would you trust more to issue advance notice of a probable bullish or bearish move in equities?.

 

(Sheesh, that sounds like a job interview... )

Link to comment
Share on other sites

I don't know if this is a propaganda piece from New York Times, but it looks like housing bubble all over again or at least an incipient one!!. How many stories like this did we read during the California housing bubble...

 

New York Times-

Securing an Apartment With Help From a Love Letter

By ELIZABETH A. HARRIS

Published: March 26, 2012

 

It’s a cute story. And earlier this year, when they were one of several couples bidding on an apartment on West 89th Street, just two blocks away, they made sure the sellers knew a bit about it. They wrote the apartment and the neighborhood a love letter, and with the blessings of their brokers, Christopher Kromer and Nora Ariffin of Halstead Property, they sent the letter to the sellers.

 

http://www.nytimes.com/2012/03/27/nyregion/securing-an-apartment-with-help-from-a-love-letter.html

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...